Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:
Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.
Do not hesitate to contact us should you require further information.
• Egypt's annual urban consumer price inflation flat at 14 pct in July
• Egypt needs $5-6 bln in bilateral financing to seal IMF deal
• Egypt stocks edge cautiously up on IMF loan deal
• Egypt 2025 dollar bond nears 1-year high after IMF loan agreement
• AngloGold’s share capital increases
• GSE to introduce single window market on Bloomberg
• Ghana Stock Exchange sensitises SMEs on Alternative Market
• CFC rides on interest to record 22pc jump in profit
• Bond sales at the NSE fall 62pc in July on lower liquidity
• Kenyan Lawmakers Escalate Battle Against Banks to Cap Rates
• Treasury eyes Sh25bn bond to seal budget holes
• Kenya central bank to set rates at policy meeting on Sept 20
• Carlsberg to sell 59 percent share of Malawi business
• New Mauritius Hotels reports wider Q3 pretax loss
• Rise in traffic helps brings Air Mauritius back into profit
• Mauritius business confidence rises in Q2
• Nigeria fine pushes MTN to first interim loss, dividend cut
• Zenith Bank at Three-Week Low as First-Half Profit Slides
• Nigeria's naira hits post-peg black market low of 400
• Nigerian central bank sells dollars to lift naira off all-time low
• Nigeria to allow banks to write-off some bad loans this year
• Nigeria plans capital spending of $312 million in coming days
• NSE revises bond listing, trading fees
• Naira Appreciates as CBN Intervenes in Interbank FX Market
• Tanga Cement profit rises despite fierce competition
• Dar to become regional hub for commodity market
• Tanzania's inflation slows in July due to food prices
• Tanzania's current account benefits from strong gold prices, tourism boost
• Credits to private sector decline
• Glencore lifts suspension of output at Zambia copper mine- trade union
• Zambia's H1 copper output rises 8 percent - chamber of mines
• Meikles narrows FY loss to $19 million as retail units blossom
• CFI places struggling subsidiaries under judicial management
• ZB H1 profit up to $6mln, banks on TBs
• Blanket Mine Gold Output Up 15,6 Percent
• South Africa gives Zimbabwe three week deadline over imports ban
• RBZ prioritises tourism growth